Depot Commons Association Of Grand Rapids is located in Grand Rapids, MN. The organization was established in 1982. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Depot Commons Association Of Grand Rapids is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Depot Commons Association Of Grand Rapids generated $42.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $44.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roy Smith Board Member | 1 | $0 | |
Kyle Hedlund President | 1 | $0 | |
Nicole Franzone Secretary | 1 | $0 | |
Roger Hoyum Treasurer | 1 | $0 | |
Kent Koerbitz Board Member | 1 | $0 | |
Jim Heitzman Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $42,201 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $125 |
Total Revenue | $42,326 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $975 |
Occupancy, rent, utilities, and maintenance | $29,769 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $13,224 |
Total expenses | $43,968 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $117,628 |
Other assets | $0 |
Total assets | $203,379 |
Total liabilities | $0 |
Net assets or fund balances | $203,379 |
Over the last fiscal year, we have identified 1 grants that Depot Commons Association Of Grand Rapids has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Northland Foundation Duluth, MN PURPOSE: TO SUPPORT A PROGRAM TO PROVIDE SOFT SKILLS EMPLOYMENT TRAINING TO YOUTH IN THE DEER RIVER AREA. | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Theodore Roosevelt Medora Foundation Medora, ND | $68,522,255 | $10,499,633 |
Dubuque County Historical Society Dubuque, IA | $42,203,208 | $9,721,079 |
Minnesota Landmarks St Paul, MN | $7,312,284 | $2,339,984 |
Mount Rushmore National Memorial Society Of Black Hills Rapid City, SD | $22,476,449 | $3,858,593 |
Midwest Art Conservation Center Inc Minneapolis, MN | $2,125,685 | $1,795,271 |
Iowa Railroad Historical Society Boone, IA | $4,623,282 | $1,830,405 |
Ramsey County Historical Society Inc Saint Paul, MN | $5,355,556 | $1,137,123 |
Rethos Saint Paul, MN | $2,732,815 | $1,832,549 |
Two Rivers Historical Society Two Rivers, WI | $1,166,797 | $640,666 |
Milwaukee County Historical Society Milwaukee, WI | $3,176,056 | $1,183,454 |
Stearns County Historical Society Inc St Cloud, MN | $1,632,705 | $959,647 |
Four Mounds Foundation Dubuque, IA | $637,426 | $940,682 |